The story of this market
The typical home in ZIP 98102 sells for about $827,425, or $758 per square foot.
Prices are down 3.1% from a year ago, which gives buyers more room to negotiate. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $2,150 a month.
ZIP 98102 — Seattle
The 98102 housing market is currently cooling, characterized by a slight decline in median prices and an increase in inventory compared to the previous year. While demand remains present, buyers are exercising more caution, leading to longer days on market and a higher share of price cuts. The market is transitioning toward a more balanced state, providing increased negotiating power for buyers.
This ZIP is ideal for young professionals, tech workers, and urban-focused renters who prioritize walkability, proximity to downtown employment, and vibrant nightlife over suburban space.
Median prices moved down 3.1% year over year.
Homes spend a median of 34 days on market with 3.2 months of supply — a fast-moving market.
22% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 9.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 98102, King County WA
Crime rates in the Capitol Hill and Eastlake neighborhoods are higher than the national average, primarily driven by property crime, though violent crime remains concentrated in specific corridors.
Public schools serving the area are part of Seattle Public Schools, generally characterized by high academic performance and strong community engagement, though ratings vary by specific school site.
The area faces moderate risks from seismic activity and urban heat island effects, with standard insurance requirements for fire and water damage common in the Pacific Northwest.
The area benefits from proximity to major tech hubs in South Lake Union and downtown Seattle, with ongoing high-density residential and mixed-use development projects.
Property taxes are assessed by King County based on market value, with rates determined by local levies and state school funding requirements; no state income tax applies.
Residents enjoy excellent access to downtown Seattle via public transit, bike lanes, and short drive times, with major corridors like I-5 bordering the ZIP.
The area features significant waterfront access on Lake Union, numerous neighborhood parks like Volunteer Park, and a dense concentration of retail and dining along Broadway.
The rental market is highly competitive with a high renter share; vacancy rates are generally low, and the area has a significant presence of both long-term and short-term rentals.
The economy is anchored by the nearby South Lake Union tech cluster, including major employers like Amazon and various biotech firms, alongside a robust service and retail sector.
The area is served by King County Metro transit, the Link light rail at Capitol Hill Station, and major arterial roads connecting to the regional highway network.
Development is heavily focused on transit-oriented, high-density residential projects near the light rail station and along major bus corridors.
The King County Assessor performs annual revaluations to ensure property assessments reflect current market values.
Parcels are subject to Seattle Public Schools, King County, and various utility districts including Seattle City Light and Seattle Public Utilities.
Property insurance premiums are rising due to regional wildfire smoke risks and general inflationary pressure on construction costs.
Washington continues to see net positive domestic migration, though the pace has moderated compared to the 2020-2022 period.
Washington is a non-judicial foreclosure state, with a process governed by the Deed of Trust Act.
Sellers are required to provide a comprehensive disclosure statement regarding the condition of the property at the time of sale.
Data retrieved from data.census.gov ZCTA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Remlinger Farms4.319.5 mi
- Sky Zone Trampoline Park4.113 mi
- Tukwila Family Fun Center & Bullwinkle's Restaurant4.312.2 mi
- Sky Zone Trampoline Park4.110.1 mi
- Round1 Bowling & Arcade412.4 mi
- T-Mobile Park4.73 mi
- Climate Pledge Arena4.51.7 mi
- Lumen Field4.62.7 mi
- Paramount Theatre4.71.5 mi
- Topgolf Renton4.111 mi
- Space Needle4.61.6 mi
- Pike Place Market4.61.9 mi
- Westfield Southcenter4.412.4 mi
- Woodland Park Zoo4.62.8 mi
- Gas Works Park4.71 mi
- Pike Place Market4.61.9 mi
- Gas Works Park4.71 mi
- The Museum of Flight4.88 mi
- Chihuly Garden and Glass4.71.6 mi
- Museum of Pop Culture4.51.5 mi
- Gas Works Park4.71 mi
- Kerry Park4.81.8 mi
- Golden Gardens Park4.75.5 mi
- Discovery Park4.84.8 mi
- Marymoor Park4.79.6 mi
- Pier 664.52 mi
- Shilshole Bay Marina4.65.2 mi
- Fishermen's Terminal4.63.1 mi
- Elliott Bay Marina Inc4.63.3 mi
- Seattle Yacht Club4.61 mi
- Topgolf Renton4.111 mi
- Willows Run Golf Complex48.9 mi
- Interbay Golf Center4.52.7 mi
- Bill Wright Golf Complex At Jefferson Park4.34.7 mi
- Jackson Park Golf Course4.16.5 mi
- Bellevue Square4.55.6 mi
- Pike Place Market4.61.9 mi
- Westfield Southcenter4.412.4 mi
- University Village4.62.2 mi
- Uwajimaya Seattle4.62.6 mi
- Paine Field4.719 mi
- Seattle-Tacoma International Airport (SEA) Parking Garage3.413.2 mi
- King County International Airport - Boeing Field4.56.7 mi
- Kenmore Air - Lake Union4.60.9 mi
- Kenmore Air - Lake Washington4.59 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A historic 48-acre park featuring the Seattle Asian Art Museum and a conservatory.
Provides extensive recreational boating, kayaking, and scenic walking trails.
The primary commercial artery of Capitol Hill with diverse retail and nightlife.
Key-figure check: median price diverges 19.5% from the nearest retained anchor (published ten-year series (2025)) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Research outlier held out — this pass returned a median of $988,700 (19.5% off the retained reading), contradicting every independent anchor; the prior reading stands pending corroboration. Validation: the flagged $988,700 (+19.5% vs the published ten-year series (2025)) failed independent re-validation and was reverted to the prior cycle value; the case is under review in the Command Center.